May 7, 2021
Compliance Week published a feature interview with SEC Services Leader David Bukzin about the surge in SPAC IPOs.
Compliance Week
Excerpt:
“I don’t know whether the level will continue or whether there was a little irrational exuberance, and it’s unclear where the swinging pendulum will rest,” Bukzin said. “But there are three major constituencies in a SPAC transaction: the sponsors, the investors, and the target companies. As long as all three are clamoring for the SPAC product, the SPAC structure will not go away and will continue to evolve.”
